Compagnie des Minquiers Announcement

Compagnie des Minquiers announces the conclusion of an agreement with the shareholders of MPF to acquire control over Cofigeo. Compagnie des Minquiers SAS, a company constituting part of Boussard & Gavaudan Holding Limited with certain directors from the Cofigeo group (namely Mr Jérôme Foucault and Mr Mathieu Thomazeau), announces that an agreement was finalised on 18 February 2011 with the shareholders of MPF. This agreement concerns the acquisition of 100% of the shares of the company MPF, a holding company, holding 26,523 shares in Cofigeo negotiated on the regulated market NYSE Euronext in Paris (Compartiment C - Code ISIN FR0000035008) representing approximately 36% of capital and 49% of voting rights.  Mr Jérôme Foucault will reinvest the proceeds of the sale into Compagnie des Minquiers. As a consequence indirectly the price of each share of Cofigeo will be 530 euros (dividend of the 2010 financial year attached). The acquisition will be definitively realised on 3 March 2011. Consequently and in compliance with article 234-2 of the Règlement général de l'Autorité des marchés financiers, Compagnie des Minquiers will soon launch a takeover via MPF on all the shares of Cofigeo in circulation. At the same time Compagnie des Minquiers agreed with some of the members of the Foucault family, direct shareholders of Cofigeo, that they would contribute about 25% of the capital of Cofigeo to the takeover. It is anticipated that the takeover will be launched during the first half of 2011. Shares in Cofigeo will be open to trading on 22 February 2011. Paris, 21 February 2011 Compagnie des Minquiers Announcement: http://hugin.info/139558/R/1491284/426919.pdf This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: BOUSSARD AND GAVAUDAN HOLDING LIMITED (GBP) via Thomson Reuters ONE [HUG#1491284]
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